Blockchain
Renewable Energy Token (RET) Is Now Available for Trading on LBank Exchange
Internet City, Dubai–(Newsfile Corp. – April 29, 2022) – LBank Exchange, a global digital asset trading platform, has listed Renewable Energy Token (RET) on April 28, 2022. For all users of LBank Exchange, the RET/USDT trading pair is now officially available for trading.
Figure 1: Renewable Energy Token (RET) Is Now Available for Trading on LBank Exchange
While the renewable energy industry is surging worldwide, the problem of data integration and distribution hinders the progress of its market. To address this issue, Renewable Energy Chain (REC) proposes a blockchain-based integrated data platform for the global energy landscape, with an ecosystem that includes smart electronic generator, infranet, reward system, NFT, and many more. Its native token Renewable Energy Token (RET) has been listed on LBank Exchange at 14:00 (UTC+8) on April 28, 2022, to further expand its global reach and help it achieve its vision.
Introducing Renewable Energy Chain
Renewable Energy Chain (REC) is a project that aims to discover the value of renewable energy through digital transformation. Starting with research and development of smart electronic generators in 2015, REC has achieved core success in the renewable energy industry. It will create an industrial efficiency and eco-friendly ecosystem through REC Infranet’s blockchain information to help the world’s troubled power plant environment, air pollution issues, consumers’ costs, and business owners operate more effectively.
The advantage of REC’s generator is that when operating renewable energy, it needs small power to be compared to the consumption of conventional renewable energy motors and generators. Through this, it will play a big role as a part of the next-generation eco-friendly energy industry.
There is also REC Infranet that collects various data related to the renewable energy industry from participants in the REC ecosystem participants. Its data store consists of private storage (off-chain) and public blockchain (on-chain) due to the large amount of data to be collected from REC plants, which reduces the ideal of complete storage on the blockchain. Accordingly, information on data ownership, user authentication, payment, and management of rewards and deposit pools is selectively stored in the blockchain, and the remaining data items are stored off-chain.
The ecosystem of REC includes both current participants and those who can contribute indirectly to the future. Smart electronic generator owners play an important role in accumulating information in the REC ecosystem. EPC provides warranty services for defects that occur after installing electronic generators, and O&M experts provide general operation and maintenance services. For both existing and potential REC investors, REC Infranet will provide more accurate and objective information for asset management. In addition, companies in DEFI, manufacturing, and insurance, as well as governance functions, can benefit from large-scale data accumulation. There is also NFT calculating the value of REC generated and utilized in power through technical analysis. With this, general users can participate in the ecosystem of REC and obtain a part of REC.
As a blockchain-based integrated data management system and a distributed energy data platform, REC will continue to establish collaboration and network expansion among ecosystem participants to make a next-generation breakthrough in the renewable energy industry.
About RET Token
The Renewable Energy Token (RET) is a unified currency used for access to data and related services provided within the borderless REC ecosystem. Based on Klaytn, RET has a total supply of 8 billion (i.e. 8,000,000,000) tokens, of which 60% is provided for REC network, 10% is provided for token sale, another 10% is allocated to the team and partners, another 10% will be used for marketing, and the rest 10% is provided for REC operation.
RET token has been listed on LBank Exchange at 14:00 (UTC+8) on April 28, 2022. Investors who are interested in Renewable Energy Chain investment can easily buy and sell RET token on LBank Exchange right now. The listing of RET on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about RET Token:
Official Website: https://recchain.io/en/
Listing Announcement on LBank Exchange: https://support.lbank.site/hc/en-gb/articles/6113579376409-RET-Renewable-Energy-Token-will-be-listed-on-LBank
About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from now more than 210 regions around the world.
Start Trading Now: lbank.info
Community & Social Media:
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Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
PR Contact:
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[email protected]
Blockchain
Digital Payment Gateway Market Industry Trends and Opportunities 2030, with Competitor Analysis for PayPal, Stripe, Adyen, Worldpay, Razorpay Software, Mollie, BlueSnap, Klarna Bank and Dwolla
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Blockchain
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
The post Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users appeared first on News, Events, Advertising Options.
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
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